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Suppose you want to buy a stock, which will pay $1.5 dividend in next year, the price of this stock will be $55 in next

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Suppose you want to buy a stock, which will pay $1.5 dividend in next year, the price of this stock will be $55 in next year. How much are you willing to pay for this stock today, if your required rate for investment is 14%? There is not enough information given to answer this question. O $6.27 $7.14 O $9.40 $10.71

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